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ENERGETICA INDIA TERI University switches to Opex Solar Model TERI has adopted the solar opex model for its university and has signed a power purchase agreement with SunAlpha Energy TERI University has led the way for early adoption of clean solar power in the city by adding another green feature to its repertoire, a 48 kWp solar rooftop system. The university, in its quest to conserve energy, decided to utilize the available vacant rooftop space to generate solar power for captive use and reduce dependency on the grid. A separate 5 kWp R&D plant has also been specifically installed for hands-on trainings for the students. The plant was recently inaugurated by Dr Chandan Mitra, Member of Parliament. Earlier, TERI University signed a long-term power purchase agreement with SunAlpha Energy, a solar power leasing company, to avoid the large upfront investment required to set up the plant, and preferred a ‘pay-asyou consume’ model to save on high energy costs from day one. Under the power purchase agreement, the company invests, operates and maintains the solar plant, supplying uninterrupted power to the university campus throughout the year. .Prof. Amit Kumar, Dean (Distance and Short-term Education), TERI University, said, “The solar rooftop PPA model is unique and disrupting the way large consumers, such as TERI University, consume and pay for electricity. At TERI University–winner of `Greenest University and Research Institution’ award in 2013 among its global peers one of the key motivations to go in for the solar rooftop system was to bolster its philosophy of practicing what it preaches, besides the confidence to meaningfully reduce our energy costs without having to incur the large upfront investment in setting up the solar power plant.” Raghav Mittal, Founder & CEO of SunAlpha Energy, said, “Solar power is today a viable and more economical alternate to the conventional grid power, particularly Energetica India catches up with Mr. Raghav Mittal, Founder and CEO of SunAlpha Energy to get more insights into solar opex model. ENERGETICA INDIA: How viable is solar power leasing currently for a) commercial clients, b) industrial and c) individuals MR. RAGHAV MITTAL: For commercial connection consumers, the debate of whether solar is viable or not has already passed. Now the real question is what’d be the capacity of the rooftop solar plant for the commercial consumer because commercial consumers are paying upwards of 8/ unit across all major metropolitan cities in India whereas via solar leasing, they can save upto 20% on the per unit cost of electricity without incurring the upfront capex. That translates to significant savings over a long term. Commercial consumers have adequate space to go solar and solar leasing is not only viable but a very attractive proposition for them. For Industries in Maharashtra, Punjab, Delhi, Haryana, Tamil Nadu, Uttar Pradesh and Rajasthan, solar leasing is a very affordable and the most cost effective way to opt for solar power. Industries are now buying land in the vicinity of their manufacturing units just so that solar leasing companies like SunAlpha can install solar plants and sell solar power to them. Solar panels can be attached to industrial metal sheds as well as installed on RCC roofs. The flexible installation of solar anywhere makes solar leasing viable for industrial consumers in states which are close to grid parity as mentioned before. Not viable at present but it will be viable in another year ENERGETICA INDIA: Please share details on the 48 kWp solar plant that was installed on TERI University. What kind of modules and inverters were used here? SOLAR POWER 34 energética INDIA · ENE | FEB16


energetica-india-55
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